Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Steel Industry Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies8
  • 7D1.8%
  • 3M-26.8%
  • 1Y46.7%
  • YTDn/a

In the last week, the Steel industry is up 1.8%, with Alamtri Minerals Indonesia up 3.4%. Meanwhile, Gunung Raja Paksi actually underperformed within the industry, shrinking 11% in the last week. This means that the industry has gained 47% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 May 2026Rp75.0tRp50.4tRp12.0t12.6x6.2x1.5x
Tue, 28 Apr 2026Rp91.9tRp47.3tRp10.3t12.9x8.9x1.9x
Thu, 26 Mar 2026Rp96.8tRp47.3tRp5.5t9.1x17.5x2x
Sat, 21 Feb 2026Rp101.9tRp48.1tRp6.0t10.6x16.9x2.1x
Mon, 19 Jan 2026Rp98.0tRp48.0tRp6.1t11.5x16.2x2x
Wed, 17 Dec 2025Rp73.1tRp47.5tRp6.0t11x12.2x1.5x
Fri, 14 Nov 2025Rp72.2tRp47.6tRp6.0t10.6x12x1.5x
Sun, 12 Oct 2025Rp71.1tRp47.4tRp2.5t17x28x1.5x
Tue, 09 Sep 2025Rp54.5tRp48.5tRp3.5t11.7x15.8x1.1x
Thu, 07 Aug 2025Rp55.4tRp44.5tRp3.7t11.7x14.9x1.2x
Sat, 05 Jul 2025Rp49.2tRp44.1tRp4.1t10.6x12.1x1.1x
Mon, 02 Jun 2025Rp48.7tRp44.4tRp4.1t11.4x11.9x1.1x
Wed, 30 Apr 2025Rp45.5tRp45.8tRp3.6t6.1x12.5x1x
Fri, 28 Mar 2025Rp44.2tRp51.5tRp4.0t6.9x11.1x0.9x
Sun, 23 Feb 2025Rp42.2tRp55.9tRp6.0t4x7x0.8x
Tue, 21 Jan 2025Rp50.6tRp56.1tRp6.0t4.9x8.5x0.9x
Thu, 19 Dec 2024Rp56.2tRp55.3tRp5.9t5.5x9.6x1x
Sat, 16 Nov 2024Rp63.4tRp54.7tRp5.8t6.4x10.9x1.2x
Mon, 14 Oct 2024Rp74.1tRp56.0tRp7.0t6.8x10.6x1.3x
Wed, 11 Sep 2024Rp67.1tRp55.7tRp6.9t6.4x9.7x1.2x
Fri, 09 Aug 2024Rp66.4tRp55.4tRp6.3t6.6x10.6x1.2x
Sun, 07 Jul 2024Rp68.5tRp57.7tRp6.7t7.3x10.2x1.2x
Tue, 04 Jun 2024Rp70.8tRp68.3tRp7.1t7.3x10x1x
Thu, 02 May 2024Rp66.9tRp68.6tRp6.5t7.7x10.3x1x
Sat, 30 Mar 2024Rp66.3tRp67.7tRp6.3t7.7x10.5x1x
Mon, 26 Feb 2024Rp72.2tRp65.5tRp3.8t10.3x18.9x1.1x
Wed, 24 Jan 2024Rp68.1tRp65.8tRp3.8t11.1x17.8x1x
Fri, 22 Dec 2023Rp68.9tRp65.3tRp3.8t11.4x18.1x1.1x
Sun, 19 Nov 2023Rp62.1tRp70.4tRp4.6t9.1x13.6x0.9x
Tue, 17 Oct 2023Rp61.7tRp71.0tRp4.5t9.1x13.8x0.9x
Thu, 14 Sep 2023Rp73.3tRp69.7tRp4.4t10.2x16.6x1.1x
Sat, 12 Aug 2023Rp55.7tRp70.7tRp5.0t7.9x11.2x0.8x
Mon, 10 Jul 2023Rp56.3tRp76.2tRp6.0t8.4x9.3x0.7x
Wed, 07 Jun 2023Rp47.0tRp77.1tRp7.5t6.7x6.3x0.6x
Price to Earnings Ratio

6.3x


Total Market Cap: Rp47.0tTotal Earnings: Rp7.5tTotal Revenue: Rp77.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.2x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 17% per year over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market0.87%
Materials2.08%
Metals and Mining2.25%
Steel1.84%
Copper13.79%
Gold1.90%
Diversified Metals and Mining-2.61%
Aluminum-16.45%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Alamtri Minerals IndonesiaRp1.53k3.4%
+Rp2.0t		48.5%PE11.9x
ISSP Steel Pipe Industry of IndonesiaRp422.002.9%
+Rp84.6b		40.7%PE5.6x
GDST Gunawan Dianjaya SteelRp90.003.4%
+Rp27.7b		-4.3%PE17.5x
BAJA Saranacentral BajatamaRp147.005.0%
+Rp12.6b		32.4%PS0.3x

Latest News

GGRP
Rp292.00
Gunung Raja Paksi
7D
-11.0%
1Y
n/a
ADMR
Rp1,530.00
Alamtri Minerals Indonesia
7D
3.4%
1Y
48.5%
LABA
Rp94.00
Green Power Group
7D
-5.1%
1Y
-36.5%
NIKL
Rp248.00
Pelat Timah Nusantara
7D
-1.6%
1Y
6.0%
GDST
Rp90.00
Gunawan Dianjaya Steel
7D
3.4%
1Y
-4.3%
ISSP
Rp422.00
Steel Pipe Industry of Indonesia
7D
2.9%
1Y
40.7%
BAJA
Rp147.00
Saranacentral Bajatama
7D
5.0%
1Y
32.4%
KRAS
Rp214.00
Krakatau Steel (Persero)
7D
-7.8%
1Y
59.7%